Tag Archives: Indus Motor hikes Toyota prices by up to Rs1.2m

Indus Motor Company (IMC) has raised the prices of Toyota vehicles by Rs280,000-1.2 million citing economic uncertainty, inflationary impact on raw material, and the increasing cost of production, it emerged on Friday. The company also attributed the hike to the exchange rate volatility, increase in utility costs and overhead charges. The situation had made it “extremely difficult” for the company …

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